CHEMI TROL CHEMICAL CO
SC 13D/A, 1996-06-26
FABRICATED PLATE WORK (BOILER SHOPS)
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                                  ------------
                               (Amendment No. 4)

                    Under the Securities Exchange Act of 1934

                            CHEMI-TROL CHEMICAL COMPANY                       
- -------------------------------------------------------------------------------
                                 (Name of Issuer)

                                   COMMON STOCK                               
- -------------------------------------------------------------------------------
                          (Title of Class of Securities)
              
                                    163616105                                  
- -------------------------------------------------------------------------------
                                 (CUSIP Number)

                                   VC HOLDINGS, INC.
                                    250 Park Avenue
                              New York, New York  10017
                                   (212) 867-3800                               
- -------------------------------------------------------------------------------
                (Name, Address and Telephone Number of Person Authorized to
                           Receive Notices and Communications)

                                    JANUARY 30, 1996                          
- -------------------------------------------------------------------------------
                  (Date of Event which Requires Filing of this Statement)

     If the filing person has previously filed a statement on Schedule 13G to 
     report the acquisition which is the subject of this Schedule 13D, and is 
     filing this schedule because of Rule 13d-1(b)(3) or (4), check the
     following box.
                                                           
     Check the following box if a fee is being paid with the statement. \   \
     A fee is not required only if the reporting person: (1) has a previous 
     statement on file reporting beneficial ownership of more than five percent 
     of the class of securities described in item 1; and (2) has filed no
     amendment subsequent thereto reporting beneficial ownership of five
     percent or less of such class. (See Rule 13d-7).


<PAGE>



                                   SCHEDULE 13D


     CUSIP NO. 163616105


     1.	NAME OF REPORTING PERSON S.S. OR IRS
     	IDENTIFICATION NO. OF ABOVE PERSON
     	TRILON DOMINION PARTNERS, L.L.C.                                  
        ------------------------------------------------------------------   
     2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a) \   \
     		                                                      
                                                           (b) \ X \
        ------------------------------------------------------------------   

     3.	SEC USE ONLY                                                      
        ------------------------------------------------------------------

     4.	SOURCE OF FUNDS*
        ------------------------------------------------------------------   
     		                                                       
     5.	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS            \   \
     	IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                  
        ------------------------------------------------------------------    

     6.	CITIZENSHIP OR PLACE OF ORGANIZATION
     	Delaware                                                          
        ------------------------------------------------------------------

     NUMBER OF     7.  SOLE VOTING POWER       - 0 -
     SHARES          
     BENEFICIALLY  8.  SHARED VOTING POWER      306,351                     
     OWNED BY	    
     EACH          9.  SOLE DISPOSITIVE POWER   - 0 -                       
     REPORTING	    
     PERSON WITH  10.  SHARED DISPOSITIVE POWER   306,351                   

     11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          306,351                                                          
         ------------------------------------------------------------------ 

     12. CHECK BOX IF THE AGGREGATE AMOUNT IN
         ROW (11) EXCLUDES CERTAIN SHARES*                       \   \
         ------------------------------------------------------------------ 

     13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          See Item 5                                                       
         ------------------------------------------------------------------

     14. TYPE OF REPORTING PERSON*
     	  00                                                              
         ------------------------------------------------------------------

     ----------------------                      

     *	SEE INSTRUCTIONS BEFORE FILLING OUT!



<PAGE>




                                    SCHEDULE 13D


     CUSIP NO. 163616105 

     1.	NAME OF REPORTING PERSON S.S. OR IRS
     	IDENTIFICATION NO. OF ABOVE PERSON
     	VC HOLDINGS, INC.                                                 
        ------------------------------------------------------------------     
                                                                     
     2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a) \   \
     		                                                      
                                                           (b) \ X \
        ------------------------------------------------------------------     

     3.	SEC USE ONLY                                                      
        ------------------------------------------------------------------

     4.	SOURCE OF FUNDS*                                                  
        ------------------------------------------------------------------

     5.	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS                
     	IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              \   \
        ------------------------------------------------------------------

     6.	CITIZENSHIP OR PLACE OF ORGANIZATION
     	 Delaware                                                          
        ------------------------------------------------------------------

     NUMBER OF     7.  SOLE VOTING POWER     - 0 -                         
     SHARES    
     BENEFICIALLY  8.  SHARED VOTING POWER   306,351                         
     OWNED BY	    
     EACH          9.  SOLE DISPOSITIVE POWER  - 0 -                         
     REPORTING  
     PERSON WITH  10.  SHARED DISPOSITIVE POWER   306,351                    

     11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          306,351                                                          
         ------------------------------------------------------------------

     12. CHECK BOX IF THE AGGREGATE AMOUNT IN
         ROW (11) EXCLUDES CERTAIN SHARES*                        \   \
         -----------------------------------------------------------------

     13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          See Item 5                                                       
         ------------------------------------------------------------------

     14. TYPE OF REPORTING PERSON*
         CO                                                                
         ------------------------------------------------------------------
     
     ------------------------

     *	SEE INSTRUCTIONS BEFORE FILLING OUT!



<PAGE>




                                    SCHEDULE 13D


     CUSIP NO. 163616105 

     1.	NAME OF REPORTING PERSON S.S. OR IRS
     	IDENTIFICATION NO. OF ABOVE PERSON
     	RONALD W. CANTWELL                                                
        ------------------------------------------------------------------   

     2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a) \   \
                                                                     
                                                           (b) \ X \
     	                                                                  
        ------------------------------------------------------------------

     3.	SEC USE ONLY                                                      
        ------------------------------------------------------------------

     4.	SOURCE OF FUNDS*                                                  
        ------------------------------------------------------------------

     5.	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS                
     	IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              \   \
        ------------------------------------------------------------------ 

     6.	CITIZENSHIP OR PLACE OF ORGANIZATION
     	United States Citizen                                             
        ------------------------------------------------------------------

     NUMBER OF     7.  SOLE VOTING POWER    - 0 -                           
     SHARES
     BENEFICIALLY  8.  SHARED VOTING POWER    306,351                       
     OWNED BY		    
     EACH          9.  SOLE DISPOSITIVE POWER   - 0 -                       
     REPORTING  	   
     PERSON WITH  10.  SHARED DISPOSITIVE POWER    306,351                  

     11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          306,351                                                          
         ------------------------------------------------------------------

     12. CHECK BOX IF THE AGGREGATE AMOUNT IN                            
         ROW (11) EXCLUDES CERTAIN SHARES*                       \   \
         ------------------------------------------------------------------

     13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     	 See Item 5                                                       
         ------------------------------------------------------------------

     14. TYPE OF REPORTING PERSON*
         IN                                                                
         ------------------------------------------------------------------

      --------------------                     

     *	SEE INSTRUCTIONS BEFORE FILLING OUT!






<PAGE>



                                 SCHEDULE 13D


     CUSIP NO. 163616105 

     1.	NAME OF REPORTING PERSON S.S. OR IRS
     	IDENTIFICATION NO. OF ABOVE PERSON
     	DOMINION CAPITAL, INC.
     	54-3480682                                                        
        ------------------------------------------------------------------     

     2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a) \   \
                                                                     
                                                           (b) \ X \
        ------------------------------------------------------------------ 

     3.	SEC USE ONLY                                                      
        ------------------------------------------------------------------

     4.	SOURCE OF FUNDS*
        ------------------------------------------------------------------

     5.	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
     	IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              \   \
        ------------------------------------------------------------------


     6.	CITIZENSHIP OR PLACE OF ORGANIZATION
     	Virginia                                                          
        ------------------------------------------------------------------

     NUMBER OF      7.  SOLE VOTING POWER    - 0 -
     SHARES
     BENEFICIALLY   8.  SHARED VOTING POWER   - 0 -                         
     OWNED BY
     EACH           9.  SOLE DISPOSITIVE POWER   - 0 -                      
     REPORTING
     PERSON WITH   10.  SHARED DISPOSITIVE POWER   - 0 -                     

     11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          - 0 -                                                            
         ------------------------------------------------------------------

     12. CHECK BOX IF THE AGGREGATE AMOUNT IN
         ROW (11) EXCLUDES CERTAIN SHARES*                       \ X \
         See Item 5                                                        
         ------------------------------------------------------------------

     13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          0%                                                               
         ------------------------------------------------------------------

     14. TYPE OF REPORTING PERSON*
         CO                                                                
         ------------------------------------------------------------------

     ----------------------                      

     *	SEE INSTRUCTIONS BEFORE FILLING OUT!



<PAGE>



                                     SCHEDULE 13D


     CUSIP NO. 163616105 

     1.	NAME OF REPORTING PERSON S.S. OR IRS
     	IDENTIFICATION NO. OF ABOVE PERSON
     	DOMINION RESOURCES, INC.
     	54-1229715                                                        
        ------------------------------------------------------------------

     2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a) \   \
                                                                     
                                                           (b) \ X \
        ------------------------------------------------------------------   

     3.	SEC USE ONLY                                                      
        ------------------------------------------------------------------

     4.	SOURCE OF FUNDS*
        ------------------------------------------------------------------ 

     5.	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS                     
     	IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              \   \
        ------------------------------------------------------------------ 

     6.	CITIZENSHIP OR PLACE OF ORGANIZATION
     	Virginia                                                          
        ------------------------------------------------------------------

     NUMBER OF      7.  SOLE VOTING POWER    - 0 -                          
     SHARES
     BENEFICIALLY   8.  SHARED VOTING POWER   - 0 -                         
     OWNED BY
     EACH           9.  SOLE DISPOSITIVE POWER   - 0 -                      
     REPORTING
     PERSON WITH   10.  SHARED DISPOSITIVE POWER   - 0 -                    

     11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          - 0 -                                                            
         ------------------------------------------------------------------

     12. CHECK BOX IF THE AGGREGATE AMOUNT IN
         ROW (11) EXCLUDES CERTAIN SHARES*                       \ X \
         See Item 5                                                        
         ------------------------------------------------------------------

     13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          0%                                                               
         ------------------------------------------------------------------

     14. TYPE OF REPORTING PERSON*
         HC                                                                
         ------------------------------------------------------------------

     ---------------------                      

     *	SEE INSTRUCTIONS BEFORE FILLING OUT!





<PAGE>

                            Amendment No. 4 to Schedule 13D


	  	Trilon Dominion Partners, L.L.C., a Delaware limited 
	  liability company (formerly known as Venture Capital Equities, 
	  L.L.C., and hereinafter referred to as the "LLC"), hereby amends 
	  and supplements the statement on Schedule 13D as originally filed 
	  by Dominion Capital, Inc., a Virginia corporation ("Capital"), 
	  and Dominion Resources, Inc., a Virginia corporation 
	  ("Resources"), on September 18, 1990 (the "Original Statement"), 
	  as amended and supplemented by Amendment No. 1 filed on October 
	  24, 1994, Amendment No. 2 filed on October 31, 1994 and Amendment 
	  No. 3 filed on August 9, 1995 (the Original Statement, as so 
	  amended and supplemented, being the "Statement"), with respect to 
	  the Common Stock (the "Common Stock") of Chemi-trol Chemical 
	  Company (the "Issuer").

	  	Unless otherwise indicated, each capitalized term used but 
	  not defined herein shall have the meaning assigned to such term 
	  in the Original Statement.

	  Item 5.  Interest in Securities of the Issuer.
                   ------------------------------------

	  	Items 5 of the Statement is hereby amended in its entirety 
	  to read as follows:

	  	"The LLC is the registered and direct beneficial owner of 
	  306,351 shares of Common Stock of the issuer representing 
	  approximately 15.3% of the outstanding shares of Common Stock of 
	  the Issuer.  The LLC has shared voting and dispositive power with 
	  respect to such shares of Common Stock by virtue of its direct 
	  ownership of such shares.

	  	On January 30, 1996, the LLC sold 25,000 shares of Common 
	  Stock of the Issuer which sale represented a disposition by the 
	  LLC of record and beneficial ownership of Common Stock of the 
	  Issuer in an amount equal to more than one percent of the 
	  outstanding shares of Common Stock of the Issuer.  In addition, 
	  on April 10, 1996, the LLC sold 5,000 shares of Common Stock of 
	  the Issuer.

	  	VC Holdings may be considered to be an indirect beneficial 
	  owner of such shares of Common Stock and to have shared voting 
	  and dispositive power with respect to such shares by virtue of 
	  its ownership of 100% of the voting interest of the LLC and its 
	  status as sole Manager of the LLC.

	  	Mr. Cantwell may be considered to be an indirect beneficial 
	  owner of such shares of Common Stock and to have shared voting 


<PAGE>


          and dispositive power with respect to such shares by virtue of
	  his ownership of all of the voting stock of VC Holdings.

	  	Capital may be considered to be an indirect beneficial owner 
	  of such shares of Common Stock and to have shared voting and 
	  dispositive power with respect to such shares by virtue of its 
	  ownership interest in the LLC, which ownership interest entitles 
	  Capital to veto (except in certain limited circumstances) any 
	  sale of such shares of Common Stock by the LLC for a purchase 
	  price below the agreed fair market value of such shares at the 
	  time of their contribution to the LLC.  Capital disclaims, 
	  however, any indirect beneficial ownership interest in the shares 
	  of Common Stock owned directly by the LLC.

	  	Resources may be considered to be an indirect beneficial 
	  owner of such shares of Common Stock and to have shared voting 
	  and dispositive power with respect to such shares by virtue of 
	  its ownership of all of the voting stock of Capital.  Resources 
	  disclaims, however, any indirect beneficial ownership interest in 
	  the shares of Common Stock owned directly by the LLC.

	  	Except as described herein, none of the LLC, VC Holdings, 
	  Mr. Cantwell, Capital, Resources or any other person referred to 
	  in Schedules I, II or III attached to Amendment No. 3 to the 
	  Statement may be considered beneficial owners of shares of Common 
	  Stock.  Except as described herein, none of the LLC, VC Holdings, 
	  Mr. Cantwell, Capital, Resources or any other person referred to 
	  in such Schedules I, II or III have acquired or disposed of any 
	  shares of Common Stock during the past sixty days." 

<PAGE>


                                   SIGNATURES


	  	After reasonable inquiry and to the best of their knowledge 
	  and belief, the undersigned certify that the information set 
	  forth in this Statement is true, complete and correct.


       Date:  June 7, 1996

                                             TRILON DOMINION PARTNERS, L.L.C.

                                             By:     VC Holdings, Inc.,
                                                          its Manager

                                             By:/s/ William P. Gendron        
                                                --------------------------
                                                Name: William P. Gendron
                                                Title: Treasurer


                                             VC HOLDINGS, INC.


                                             By:  /s/ William P. Gendron      
                                                ---------------------------
                                                Name: William P. Gendron
                                                Title: Treasurer


                                              /s/ Ronald W. Cantwell          
                                             ------------------------------
                                             Ronald W. Cantwell


                                             DOMINION CAPITAL, INC.


                                             By: /s/ Daniel A. Hillsman, Jr.   
                                                ----------------------------
                                                Name: Daniel A. Hillsman, Jr.
                                                Title: Vice President


                                             DOMINION RESOURCES, INC.


                                             By: /s/ David L. Heavenridge     
                                                ----------------------------
                                                Name: David L. Heavenridge
                                                Title: President and Chief


       Executive Officer




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